作者: Luis H.R. Alvarez , Rune Stenbacka
DOI: 10.1016/J.IJINDORG.2006.01.003
关键词: Business 、 Market uncertainty 、 Finance 、 Outsourcing 、 Microeconomics 、 Mode (statistics) 、 Production (economics) 、 Perspective (geometry) 、 Function (engineering)
摘要: Abstract We apply a real options approach to develop general characterization of firm's optimal organizational mode. find that the threshold for establishment (partial) outsourcing is an increasing function underlying market uncertainty. Further, we show increased uncertainty induces higher proportion outsourced production once reached and this prescribes partial outsourcing.